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Is Now a Good Time to Rent vs. Buy in Canada?

After years of brutal rent hikes that left many Canadians feeling priced out of their own cities, something has quietly shifted: rents are finally falling. But does that mean you should lock in a lease and wait out the housing market — or is this actually the window you've been waiting for to buy? The answer, as always, depends on your city, your finances, and your plans. Here's a clear-eyed breakdown of where things stand in 2026. What's Happening With Rents Right Now The Canadian rental market has undergone a dramatic reversal. After vacancy rates hit record lows in 2023 and rents surged by as much as 8% nationally in a single year, the tide has turned. According to the Canada Mortgage and Housing Corporation (CMHC), the national vacancy rate for purpose-built rental apartments rose to 3.1% in October 2025 — up from 2.2% in 2024 and a record low of just 1.5% in 2023. That 3.1% figure now sits above the 10-year historical average , marking a meaningful shift in the bal...
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Oil Prices Slide After Iran-Israel Ceasefire, But Volatility Lingers Amid Missile Reports

Crude oil prices fell sharply on Tuesday following the announcement of a ceasefire between Iran and Israel, easing fears of a prolonged conflict in the Middle East. Brent crude dropped nearly 5% to around $68 per barrel, while West Texas Intermediate (WTI) slipped to approximately $66.

The truce, brokered by U.S. President Donald Trump, was confirmed by both nations after nearly two weeks of escalating hostilities that had pushed oil to a five-month high. However, optimism was tempered by reports that Iran may have launched additional missiles shortly after the ceasefire took effect, raising concerns about the fragility of the agreement.

Markets initially welcomed the de-escalation, with analysts noting that Iran’s earlier retaliatory strikes on U.S. bases in Qatar were seen as symbolic and deliberately limited in scope. The absence of attacks on energy infrastructure or the Strait of Hormuz—a vital oil transit route—helped calm fears of a major supply disruption.

Still, energy analysts caution that oil prices may remain volatile in the near term. “The extent to which Israel and Iran adhere to the ceasefire conditions will play a significant role in determining oil prices,” said Priyanka Sachdeva, senior market analyst at Phillip Nova.

With geopolitical tensions still simmering and the potential for renewed conflict, traders are keeping a close eye on developments in the region.

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